Coronavirus Business Interruption Loan Scheme (CBILS)
CBILS can provide working capital for smaller businesses in the UK who are experiencing lost or deferred revenues due to Coronavirus. CBILS is a government-backed scheme provided by the British Business Bank with the aim of supporting the continued provision of finance to UK businesses.
At this time we can offer CBILS to current Close Brothers Asset Finance customers, however we may still be able to help your business so please get in touch if you have any questions regarding CBILS and whether or not your company qualifies.
Business Barometer: Pandemic changing payment culture
of businesses are using less cash
increase in use of card payments
of business owners say using cash makes them feel ‘unsafe’ or ‘very unsafe’
All figures, unless otherwise stated, are from a Kantar survey conducted in June/July 2020. The survey canvassed the opinion of over 900 SME owners across the UK and Ireland and across several industries on a range of issues affecting their businesses.